Graphics issue

[cathicabbage]

At certain spots in the game, the view starts to go haywire at certain angles. 

Here's an example.

At times this becomes so bad that I can't see anything on the screen at all.

I'm using a GTX 680 with updated driver, and I have dialled the graphics settings down to medium while disabling Vsync, but this does nothing to the problem.

Anyone has a similar problem or a solution to this?